Tracking Pre-Series A and Series A deals that close in India every week
Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.
Naagin is a bold and flavour-first Indian hot sauce brand founded in 2019 by Mikhel Rajani, Arjun Rastogi, and Kshitij Neelakantan. The company fuses regional chilli heritage with chef-crafted sauces, oils, and spice blends, all designed for modern kitchens. Today it’s available in over 700 premium Indian retail outlets and on international platforms like Amazon, Walmart, and Carrefour, having served over one million customers to date . With a focus on sustainable, traceable sourcing using blockchain tools and operating a plastic-neutral business- Naagin is positioning itself as a global contender in the spicy condiment category. The company recently raised ₹18CR (c. $2.1M) in a pre‑Series A round led by 360 ONE Asset. Existing investor 8i Ventures participated for the third time, alongside 12 new and returning angel investors. The proceeds will fund factory scaling, team expansion, R&D, and marketing- fueling growth across B2B, D2C, quick commerce, and global exports. Mikhel Rajani, Co‑Founder & CEO, brings deep experience in F&B innovation from Francesco’s Pizzeria and Mandala; Arjun Rastogi, Co‑Founder & COO, is an alumnus of BlackRock and EY; Kshitij Neelakantan, Co‑Founder & Head of Operations, comes with a background in public policy and supply chain, holding a degree from SOAS London.
Pehle Jaisa is a Gurugram-based agritech startup that transforms village-level organic and agricultural waste into high-quality organic fertilizers and bio-stimulants. Using decentralized processing units integrated into local waste centers, it slashes the “first-mile” logistics cost and enables villages to produce their own fertilizers, gas, and electricity, empowering a circular rural economy. After selling over 1,500 MT of fertilizer and generating ₹2.5 crore in FY25, the company is targeting ₹100 crore in revenue in the coming years. $300K Pre-Series A. Founders: Pankaj Pandey previously founded Eggoz, CropCoin and KrishiGo; Ehtesham Farooqui has deep expertise in sustainable agriculture and climate-tech.
Kisah Apparels is a rapidly scaling ethnic wear brand for Gen Z and millennial men, headquartered in Kolkata. Since its inception in 2018, the company has evolved from a marketplace-first play to a digitally-native, omnichannel fashion label. Kisah seamlessly combines direct-to-consumer online strategies with physical retail presence—currently operating two stores and planning three more—while achieving a ₹25CR revenue in FY24 (a 42 percent YoY increase) and reaching a run‑rate of approximately ₹100CR in FY25, all while remaining cash-flow positive and profitable.The company recently raised ₹13CR in a pre‑Series A round, led by Sagar Daryani, founder of Wow Momo. Other investors in the round: Apoorv Salarpuria (Salarpuria Investments), Rahul Todi (Shrachi Group), Vinod Dugar (RDB Group), Inflection Point Ventures . Yash Sarawagi, Co‑Founder and CEO, previously worked as an investment banker, bringing a strong strategic and data-led mind to the business. Yashwi Sarawagi Ladsaria, Co‑founder & Director, was formerly a consultant at EY and manages Kisah’s design and operations . Recently, Saurav Kothari, an e-commerce specialist, joined the founding team to strengthen their digital retail engine.
Vecmocon Technologies is a Delhi-based deep-tech startup founded in 2016 by IIT and ISB alumni to drive the transition to smart, sustainable electric mobility. Its full-stack solutions include safety-compliant Battery Management Systems (BMS), smart chargers, motor controllers, vehicle intelligence modules, secure over-the-air update platforms, and AI-driven analytics. With deployments across 100K+ EVs- from two- and three-wheelers to light commercial vehicles, the company is enabling OEMs and fleet operators in India and globally to build connected, software-defined EVs tailored to Indian conditions. The company closed an $18M Series A round, with Ecosystem Integrity Fund (EIF) leading both the initial $10M tranche in November 2024 and the latest $8M segment in June 2025. Other participants in this round: Aavishkaar, British International Investment (BII), Blume Ventures (follow-on). This capital will fuel R&D in embedded EV systems, 5G-enabled connectivity, high-voltage platforms, and domestic manufacturing. The team comprises five tech-focused Co-Founders: Peeyush Asati, CEO and IIT Delhi alumnus; Adarshkumar Balaraman, Co‑founder; Shivam Wankhede, Co‑Founder & CTO; along with Akash Bansal and Nikesh Bisht, who hold board-level roles and drive engineering innovation for Vecmocon’s hardware-software stack.
Janitri is an India-based medtech startup developing smart, AI-enabled wearable tools for real-time monitoring of maternal and fetal health during the 1,000-day journey from pregnancy through postnatal care. Its flagship device, Keyar, enables continuous tracking of vital signs in labor and remote settings, aiming to reduce maternal and neonatal mortality across hospitals and homes. With deployment across 800+ hospitals and monitoring over 200,000 mothers monthly, Janitri recently posted revenue of ₹8.5 crore in FY24–25 and expects to double in Q1 FY26 . $1.4M pre‑Series A round. Other investors in the round: Prateek Maheshwari; Pradip Todi (O2 Angels); tal64 syndicate. Founders: CEO Arun Agarwal is a VIT graduate who, inspired by preventable maternal deaths in Rajasthan, built Janitri’s mission-driven device ecosystem; lead technologists and co-founders are documented on Janitri’s site and LinkedIn, leading R&D in wearable diagnostics
Aerospace startup building advanced propulsion systems for satellites. Developing ATOM, a thruster that utilizes an eco-friendly, nontoxic propellant; and CubeHood, a propulsion module which works with ATOM to power CubeSats (a particular class of small satellites). USPs: cheaper than alternative propulsion systems from the global market; environmentally friendly; made in India for defence clients. Chennai and IIT Kanpur based. ₹3CR raised in this pre-seed round.
Gold micro-investing platform, with daily savings plans starting from ₹10. Backed by physical gold, instantly redeemable. So how is it different to market leader Jar (https://www.myjar.app/)? The company runs Spare8+, where your gold savings are leased to bank verified jewellers, so you can earn a further 5% per annum. Undisclosed amount raised in this (bridge?) round from angels. The company raised a $800K pre-seed round in 2022 from 2am VC and Varanium Capital.
Enables truely green battery production. Converts organic waste (coconut shells etc.) into nanocarbons, which are used in energy storage devices (batteries and capacitors). This reduces our dependence on extracting raw materials from the ground, while increasing the energy density for lithium-ion hybrid batteries by 125% (e.g, a two-wheeler with a 100km range can now run 225km). Jaipur based. $1.2M seed round. Other investors in this round: Sagana.
Digital platform providing treatment for male reproductive health issues. Each patient is assigned a doctor and personal concierge for personalised treatment covering medication, nutrition, diagnostics, exercises and tech-enabled compliance. The Hindi-medium platform started out in UP and Bihar. ₹7.7CR pre-seed round. Angels: Altaf Saiyed (Traya), Raymond Russell (Pharos Fund), Vaibhav Domkundwar (Better Capital), Shreyas Kumar (Fermat Commerce), Bhargav Tarpara (Greenlit).
Omni-channel generic drugs chain selling products under its own name. Has a network of 225 franchisees and processes 1,500 orders a day online. Building out 60 minute delivery. Zee Laboratories, the founder's family business, is a generic drugs manufacturer which exports to over 50 countries and has 500 distributors in India. It supplies a portion of Zeelab Pharmacy's drugs as a contract manufacturer. $2.4M raised in this seed round.
Diagnostics solutions startup with a range of products to tackle Chronic Kidney Disease (CKD), diabetes and preeclampsia (a pregnancy complication). Proflo-U measures albumin and creatinine round the clock; Eyera Sense allows for high efficiency processing of fluid samples; while Embargo offers a portfolio of DNA and RNA based diagnostics kits. Bhubaneswar based. ₹3CR raised in this seed round.
BioTech startup which uses nanotechnology to target cancer stem cells while sparing healthy cells, thereby reducing the need for chemotherapy and reducing relapse. The company uses exosome-based drug delivery. Exosomes are small sacs that are naturally released by cells and can carry a variety of molecules. Exosomes can be used to transport drugs to specific cells or tissues. The company will manufacture its products inhouse. Bhubaneswar based. ₹3CR raised in this seed round.
Video editing platform. Web based post production allows for off-premises editing and global collaboration, which brings down costs by 20-40%. Gen-AI tools enable content localization. Currently at $1M in ARR in the Indian enterprise market, will expand into the US. $1M raised in this seed round.
Mouth freshener brand. Manufacturing facility in Ahmedabad. Extension of a seed round now totalling ₹1.8CR. Initially raised ₹1.25CR, as part of this round, from 100X.VC in October 2023. Investors in this tranche: Dishit Nathwani (Gulab Oils), Prateek Toshniwal (Ivy Growth Associates), Abhinav Jain (CoinDCX), Ankit Jain, (PharmEasy).
B2B assisted marketplace for the procurement of raw materials. Currently at ₹300CR ARR (gross). Started with a focus on steel, now covers aggregates, bitumen, wires and cables. Founders include Former Head of Sales and Head of Procurement at Metalbook. Tushar Agarwal (not linked below) is the COO and fourth Co-Founder. $1.7M raised in this seed round. Angels include Abhishek Goyal (Tracxn) and Rajesh Sawhney (GSF).